Letter to ShareholdersPromoting and Protecting Shareholder InterestsDefining Client RelationshipsDefining TeamworkDefining DeterminationOur Core BusinessesFull Financial SectionCorporate Information
Back to 2002 Annual Report Home Goldman Sachs


While Goldman Sachs' equities businesses could not escape the difficult market conditions that were pervasive in 2002, we continued to benefit from the scale and efficiency of our global equities businesses, and the success of our focused effort to deepen client relationships.


We view both—our unique client franchise, and the size of our business—as critical to our leadership in equities going forward.

Last year, there were a number of large convertible transactions and rights offerings, privatization success stories and significant block trades.


We entered new markets, created new products and continued to enhance our service to the whole array of institutional clients, executing transactions for them in products that had not been available 12 months before.


And as we and our clients learn to operate in this environment, we gain insight into how best to serve our clients in the years to come. These experiences will carve the path to even stronger relationships and continued opportunities in the future.

return to intro Equities Teams
  previous  previous  |  next  next